Swiss bank giant UBS has initiated a global open innovation competition in search for ideas that will improve customer experience, efficiency of banking processes and safety of operations or develop superior banking offering.
PrimeKit™ is a cloud-based digital enablement platform for secure contactless mobile services: payments, loyalty, transport, tickets, ID and other. It is token-based, supports mobile wallet application services and complies with Visa and MasterCard security requirements.
Ukrainian company PriNum, an innovator in mobile commerce, has been selected as a regional finalist of the UBS «Future of Finance Challenge». The goal of the competition was to select the best innovative ideas that will disrupt the financial world and change the way banks work and how they meet clients’ needs.
To find out more about mobile cloud payments using HCE, visit the PriNum website. PriNum’s PrimeKitTM platform supports cloud-based solutions using HCE, EMVCo tokenization, trusted services management (TSM).